Patronus Resources Ltd
Patronus Resources Limited is a gold, base metals and uranium development and exploration company.
The business
Patronus Resources Limited is a gold, base metals and uranium development and exploration company. The Company has combined gold Mineral Resource of more than 1.2Moz gold. The Company’s key focus in Western Australia is its 100% owned Cardinia Gold Project (CGP) located in the highly prospective North-Eastern Goldfields region of Western Australia. The CGP has a 1.0 Moz gold Mineral Resource defined in both oxide and deeper primary mineralization at East Cardinia and Mertondale. The Northern Territory Project covers more than 1,500 square kilometers of prime tenure in the Pine Creek Orogen, which hosts significant gold and uranium deposits. It has gold MRE of 0.3Moz at its Fountain Head Project and 177kt zinc, 37kt lead,16Moz silver and 0.2Moz gold at its Iron Blow and Mt Bonnie base metals projects. It covers over 739 square kilometers of tenure in the highly prospective Leonora region of Western Australia. It also has an interest in the Tennant Creek area of the Northern Territory.
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Latest news
Greenvale Energy Consolidates NT Footprint with Acquisition of Pine Creek Uranium Project
Greenvale Energy to acquire Pine Creek uranium project, consolidating NT footprint; Thunderball high-grade potential as Patronus takes 19.6% cornerstone stake.
Patronus Resources Unveils High-Grade Uranium Potential at Thunderball Project in the NT
Patronus Resources (ASX: PTN) has obtained positive early returns from new studies at its Thunderball uranium deposit in the prolific Pine Creek region of Australia’s Northern Territory. The successful re-assay program at Thunderball is an important ingredient in the company’s plans to bring the historical Thunderball mineral resource up to JORC 2012 standards. Thunderball is […]
Patronus Resources moves to acquire Matsa with $33m takeover offer
The price of shares in Matsa Resources (ASX: MAT) jumped by more than 14% in early Monday trading on the ASX after news of a takeover offer from fellow gold developer Patronus Resources (ASX: PTN). Patronus and its associates – who already hold the largest shareholding interest in Matsa with 19.57% – have offered a […]
Patronus Resources plans revised MRE for Mertondale after impressive gold intercepts
Strong intercepts from extensional drilling at the Mertondale gold project in Western Australia have paved the way for owner Patronus Resources (ASX: PTN) to work on a revised mineral resource estimate (MRE). Assays from 80 holes for a total of 9,788 metres across the Mert 5, Mert North and Merton’s Reward deposits graded up to […]
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